16, OLD RAILWAY CLOSE, MALMESBURY, SN16 9TU - £530,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 OLD RAILWAY CLOSE is a midsized extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £553,942. It was last sold for £530,000 in May 2022, which was around 7% above the average May 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

16 OLD RAILWAY CLOSE Sold Prices

Land registry data shows four sales for 16 OLD RAILWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. One of the four 16 OLD RAILWAY CLOSE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 6 MAY	£530,000	£497,313	7% above HPI
2012 1 JUN	£310,000	£324,068	4% below HPI
2005 8 JUL	£295,000	£294,994	Close to HPI
2002 17 MAY	£212,000	£220,431	4% below HPI

16 OLD RAILWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four 16 OLD RAILWAY CLOSE sales between May 2002 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 OLD RAILWAY CLOSE be worth now?

16 OLD RAILWAY CLOSE might now be worth an estimated £553,942.

This is based on house price inflation of 4.5%, between May 2022 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 16 OLD RAILWAY CLOSE of £530,000 on 6th May 2022. For the value to have increased from £530,000 to £553,942 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 16 OLD RAILWAY CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OLD RAILWAY CLOSE has not materially changed since May 2022.

How Large is 16 OLD RAILWAY CLOSE?

16 OLD RAILWAY CLOSE is 139m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Malmesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Malmesbury, and where 16 OLD RAILWAY CLOSE lies on this distribution: 57% of detached houses houses are smaller than 16 OLD RAILWAY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Malmesbury.

16 OLD RAILWAY CLOSE: Plot and Title Map

16 OLD RAILWAY CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 16 OLD RAILWAY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 OLD RAILWAY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 OLD RAILWAY CLOSE?

16 OLD RAILWAY CLOSE is located in MALMESBURY, in the SN16 postcode district. The below map shows the position of No. 16 on OLD RAILWAY CLOSE.